More young women becoming insolvent

%VIRTUAL-SkimlinksPromo%Young women are more likely to find themselves falling into personal insolvency than men of the same age, official statistics show.

Women aged between 18 and 24 were almost twice as likely than men in the same age group in 2013 to have seen their situation deteriorate to such an extent that they were tipped over the edge financially, according to Insolvency Service figures.